Well, building a coal mine is a huge capex project, and very few juniors are capable.
I think that having Bhushan as a partner is valuable for that reason, even if they do get a cheap JV or two.
If these deposits pan out well, and the market still doesn't like BWN, then Bhushan will probably just do a T/O.
One thing about Australian resources: they are constantly undervalued by instos/retail until a foreign entity is interested.
Then everyone gets all indignant that we are selling our cows.
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Last
64.5¢ |
Change
0.005(0.78%) |
Mkt cap ! $177.5M |
Open | High | Low | Value | Volume |
65.0¢ | 65.0¢ | 64.5¢ | $342 | 526 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7508 | 64.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
65.0¢ | 47998 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 7508 | 0.640 |
5 | 8332 | 0.635 |
2 | 38681 | 0.630 |
2 | 29777 | 0.625 |
4 | 18739 | 0.620 |
Price($) | Vol. | No. |
---|---|---|
0.650 | 47998 | 1 |
0.665 | 37215 | 1 |
0.670 | 20000 | 1 |
0.680 | 10000 | 1 |
0.695 | 145214 | 3 |
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